An overview of the consumers electronics markets and their latest price moves.Read More
A summary of sales figures from Russian steelmaker Evraz in the third quarter of 2020, it said in a trading update report published on Thursday October 29.Evraz CIS in briefSales of semi-finished steel products from Evraz's assets in the Commonwealth of Independent States (CIS) dropped by 21.6% year on year to 1.3 million tonnes in the third quarter of 2020 from 1.67 million tonnes in th...Read More
Changes in the purchasing habits of some Chinese alloy smelters are partly to blame for the weakness in the low-grade manganese ore market, sources told Fastmarkets.Prices for the low-grade manganese ore, also called semi-carbonate, in both seaborne and portside markets have generally trended downward since hitting year-to-date highs in late April on supply concerns after South Africa implemented...Read More
China's domestic stainless steel prices decreased slightly in the week ended Wednesday October 28 due to softer demand following nickel losses.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,500-15,200 yuan ($2,157-2,261) per tonne, widened downward by 100 yuan per tonne from a week earlier.The three-month nickel contract on the London Metal Exchange fell steadily from O...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe International Monetary Fund (IMF) has cut back its estimate of global production losses as a result of the COVID-19 pa...Read More
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world.The belt, better known as the Abitibi, is 150 km in width, and stretches for 650 km from just west of Timmins in Ontario to Chibougamau in Quebec.Explorers started travelling through the Chibougamau wilderness, a territory with abundant fur-bearing animals, fishing and hunting as...Read More
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world's top destinations for mineral explorers and developers. Below, we showcase eight companies active in the province.Falco ResourcesA rendering of Falco Resources' planned Horne 5 gold mine in Rouyn-Noranda, Quebec. Credit: Falco Resources.Falco Resources (TSXV: FPC)...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico.Alamos generated 117,100 oz. gold., and sold 116,035 oz. at an average realized price of US$1,882 per oz., at all-in sustaining costs (AISCs) of US$949 per oz. sold.The resulting record cash flow led the compan...Read More
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world's largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE) on Oct. 28.The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange, Randy Smallwood, Wheaton's president and chief executive, said in an i...Read More
BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global mining sector by value as well as volume through the first three quarters of 2020, says GlobalData analytics and consulting firm.According to GlobalData's figures, a total of 1,233 M&A deals were announced in the metals and mining sector during the period.This represents a 24.2% increase over...Read More
Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec's Abitibi Greenstone Belt.Through a tumultuous period defined by Covid-19, community lockdowns, economic uncertainty and surging prices for precious metals, maintaining a stable and reasoned approach to exploration has been difficult for many in the mining sector.However, for th...Read More
Agnico-Eagle Mines CEO Sean Boyd says more generalist investors are now looking at gold for high quality businesses that are willing to pay dividends, and they need to find companies that can stay disciplined when gold prices are down.Read full newsRead More
BNN Bloomberg's Andrew Bell has a look a some gold miners hiking their dividends.Read full newsRead More
Anglo-Dutch oil titan Royal Dutch Shell on Thursday logged third-quarter net profit of $489 million (415 million euros), rebounding after a vast coronavirus-driven loss in the prior three months.Read full newsRead More
Three North Shore residents are facing fraud allegations under the B.C. Securities Act, according to the B.C. Securities Commission.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
Origin Gold (OIC) has signed a definitive agreement to acquire the Otu Central gold project in Colombia from Bullet Holding Corp.Read full newsRead More
NV Gold Corporation is pleased to announce the appointment of Mr.Read full newsRead More
Sixty North Gold Mining Ltd. Further to the Company's press releaRead full newsRead More